Columbus Macro LLC decreased its holdings in shares of Graniteshares Gold Trust (NYSEARCA:BAR – Free Report) by 1.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 105,865 shares of the company’s stock after selling 1,633 shares during the quarter. Graniteshares Gold Trust accounts for about 1.0% of Columbus Macro LLC’s investment portfolio, making the stock its 22nd biggest position. Columbus Macro LLC owned 0.23% of Graniteshares Gold Trust worth $2,754,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of BAR. GPS Wealth Strategies Group LLC grew its position in Graniteshares Gold Trust by 219.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,359 shares of the company’s stock valued at $31,000 after acquiring an additional 933 shares during the last quarter. Pineridge Advisors LLC lifted its holdings in Graniteshares Gold Trust by 20.6% during the 1st quarter. Pineridge Advisors LLC now owns 3,591 shares of the company’s stock valued at $79,000 after buying an additional 614 shares in the last quarter. Blue Trust Inc. boosted its position in Graniteshares Gold Trust by 142.8% in the 3rd quarter. Blue Trust Inc. now owns 4,662 shares of the company’s stock valued at $121,000 after buying an additional 2,742 shares during the period. Abbrea Capital LLC bought a new position in Graniteshares Gold Trust in the 2nd quarter worth about $200,000. Finally, Choreo LLC bought a new position in Graniteshares Gold Trust in the 1st quarter worth about $209,000.
Graniteshares Gold Trust Stock Performance
Shares of Graniteshares Gold Trust stock traded up $0.30 on Friday, hitting $26.86. 563,403 shares of the company traded hands, compared to its average volume of 955,636. The stock’s 50 day moving average price is $25.40 and its 200-day moving average price is $24.04. Graniteshares Gold Trust has a 52 week low of $19.11 and a 52 week high of $26.86.
About Graniteshares Gold Trust
The GraniteShares Gold Trust (BAR) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less trust expenses and liabilities, using physically held gold stored and secured in vaults in London. BAR was launched on Aug 31, 2017 and is managed by GraniteShares.
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